A=P(1+r)^t
r=rate in decimal
A=future amount
P=present amount
t=time in years
A=850(1+0.08)^5
A=850(1.08)^5
A=1573.29
Answer:
greater than
Step-by-step explanation:
1.994 is closer to 2 than 1.493 so it is greater!
Answer:
yes
Step-by-step explanation:
